OpenAI, the artificial intelligence firm behind ChatGPT, is making notable shifts in its corporate structure and financial agreements, signaling a strategic recalibration of its relationship with Microsoft $MSFT. According to a report from The Information, OpenAI has informed investors that it intends to reduce the portion of future profits shared with Microsoft by at least half by the end of this decade.

In a pivotal move that could reshape power dynamics within the AI industry, OpenAI has officially abandoned a proposed corporate restructuring that would have significantly altered its internal governance model. The decision ensures that control remains with its nonprofit parent organization, OpenAI Inc., effectively curbing the influence of CEO Sam Altman and halting any efforts to centralize authority under the for-profit arm.